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OPINION
March 5, 2014 | By The Times editorial board
As more of our children's education moves online, there are increased opportunities for abusing the collection of their personal data. Last month, state Senate leader Darrell Steinberg (D-Sacramento) introduced a bill that would help close a loophole in federal regulations - at least in California - in an effort to safeguard personal information of public school students. The potential privacy violations could be significant, and it makes sense for the Legislature to act now. Under the federal Family and Educational Rights Protection Act, schools that receive federal funding are rightly barred from making disclosures about students' education records without permission.
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BUSINESS
March 4, 2014 | By Lauren Beale, This post has been corrected, as indicated below.
Jared Padalecki, who stars on the long-running series “Supernatural,” has recorded a very down-to-earth home sale in the San Fernando Valley for $2.4 million. The 1924 Spanish-style home, featuring vaulted beam ceilings and stained glass, has been fully renovated. The 3,818 square feet of space includes a formal entry hall, a glass-enclosed library/office, a family/game room, four bedrooms and five bathrooms. The more than one-third acre of grounds has patios, lawn and mature trees.
BUSINESS
March 4, 2014 | By Lauren Beale
Former USC football coach Lane Kiffin and his wife, Layla, have sold their home in Manhattan Beach for $6.5 million. They bought the house less than two years ago for $5.5 million. The 7,308-square-foot contemporary Craftsman-style home, built in 2002 and later updated, sits on nearly half an acre at the end of a cul-de-sac. Among interior features are vaulted ceilings, a stone fireplace, six bedrooms and seven bathrooms. The three-car garage opens to a gated driveway. Car lover's delight in La Cañada Flintridge The grounds include a saltwater swimming pool and spa, a fire pit, a guest house, an outdoor kitchen, a dog run and mature trees.
BUSINESS
March 4, 2014 | By Lauren Beale
Kaley Cuoco-Sweeting and her husband, Ryan Sweeting, have bought the Tarzana home of former Laker Lamar Odom and television personality Khloe Kardashian, The Times has confirmed. The home received multiple offers, went into escrow within 10 days of coming on the market, and sold for its asking price of $5.499 million. The Mediterranean-style villa sits on three-quarters of an acre in gated Mulholland Park. Entered through a two-story foyer with a sweeping staircase, the 8,000-square-foot home features custom closets, mosaic tile details, a den, a home theater, seven bedrooms and nine bathrooms.
NEWS
March 3, 2014 | By David A. Keeps
New York interior designer Celerie Kemble felt right at home at the recent opening party for Designers House at HD Buttercup in L.A.'s historic Helms Bakery building. “Here the designer gets to put together the things we've labored for years to create,” said Kemble, who selected furniture and accessories from her Henredon and Maitland Smith collections to decorate her signature space. “This is how I would put together a room for myself or one of my clients.” Designers House launched simultaneously as a Los Angeles retail space and as a website selling high-end, limited-quantity home furnishings from well-known interior designers.
ENTERTAINMENT
February 27, 2014 | By Meg James
Less than three years after launching a leading online video subscription service in Japan, Hulu has decided to bow out of the country. Santa Monica-based Hulu has agreed to sell its Hulu Japan subscription service to Japan's Nippon Television Network Corp., the companies announced late Thursday. "We have now reached a point in the growth of the business in Japan where we feel the best path forward is to sell the company to a strategic buyer," Hulu Chief Executive Mike Hopkins wrote in a blog post announcing the divestiture of one of the company's most ambitious projects.
BUSINESS
February 26, 2014 | By Salvador Rodriguez
Following Facebook's acquisition of messaging service WhatsApp last week for $19 billion, BlackBerry CEO John Chen said he would not hesitate to sell his company's messaging service for that much money. "I work for the shareholder. Standard answer. If somebody comes to me with $19 billion, I would definitely sell it. I would recommend to the board to take it," Chen told CNBC . Since the Canadian phone maker failed to attract last year what it would have considered to be an adequate buyer, BlackBerry has placed a great deal of its focus on expanding its BlackBerry Messenger brand.
SPORTS
February 26, 2014 | By Chuck Schilken
Jason Collins wore the No. 46 jersey in his season debut Sunday with the Brooklyn Nets. He will eventually wear No. 98, his preferred jersey number. But as far as the folks in the NBA are concerned, he has the No. 1 jersey. Just two days after he signed with the Nets and became the league's first openly gay player, Collins' No. 98 jersey was the top seller on NBAStore.com. A league spokesperson told the Associated Press it is selling well again Wednesday. And he hasn't even worn that number in a game yet. It wasn't available Sunday for the Nets game against the Lakers, during which Collins had no points and two rebounds in 11 minutes.
BUSINESS
February 25, 2014 | By Lauren Beale
If just the mention of the name Ed Asner puts the theme song from “The Mary Tyler Moore Show” in your head, then the actor's longtime Studio City house will likely bring his trademark role -- affable, flawed, curmudgeonly, fatherly editor Lou Grant -- to mind too. Talk about a warm fuzzy. The charming traditional-style home, which sold for $1,306,250, has that real-people-lived-here look. Described as “quaint” by Realtor.com, which spotted the sale, the place oozes wall-to-wall character.
BUSINESS
February 25, 2014 | By Chris O'Brien and Andrew Tangel
It was supposed to revolutionize the global monetary system. Instead, the bitcoin virtual currency that has captured the imagination of investors and financiers is on the verge of collapse. In a stunning blow to a novel way to buy products and services, the world's largest exchange for trading bitcoin currency shut down Tuesday, triggering a massive sell-off and sending many prospective investors away - perhaps for good. "This is extremely destructive," said Mark Williams, a risk-management expert and former Federal Reserve Bank examiner.
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